Start-ups are becoming more and more important for Germany’s economy. Very often, they turn out to be more capable of developing innovation and placing new ideas in the market than more established companies. However, these market niches and new products are often subject to legal restrictions and risk. With our practical approaches, we can help young entrepreneurs put their business model on a solid legal basis.

It is an exciting challenge to create and develop a company. I see it as my task to support young entrepreneurs on their way to success and to be a pivotal contact for them in all business and legal matters in the Rhine Ruhr region. I really enjoy supporting start-ups throughout their entire lifecycle, as well as using the right contacts to create EY approaches that deliver everything they need.

We are convinced that our region has enormous potential for a sustainable start-up culture. And we believe that such a culture would bring benefits for every individual as well as for wider society. We want to provide platforms that are designed to connect young entrepreneurs with established players. Additionally, EY is, due to our multi-disciplinary approach and international network, an ideal partner to advise and support both start-ups and investors in all relevant fiscal, business and legal matters. In each phase of a company’s development, I am inspired by the commitment and vision of founders and I always enjoy watching how young start-ups create their ideas.

In recent years, start-ups have been driving development both worldwide and in Germany. These young companies came up with many of the innovative business models and digital services that we take for granted in our everyday lives today. And they have also shaken up the so-called ‘Old Economy’, which was struggling to grasp the impact of digitalization and respond effectively to developments.
Ultimately, start-ups help create jobs for young people from all over the world, Berlin being a very good example. Today, Berlin is outstripping London in attracting start-up investment and shows a net growth in jobs and population – resulting in increased tax revenue and benefits for the public. For me, it is only natural to support our Start-up Initiative, which is perfectly in tune with the EY motto: ‘Building a better working world’. This applies not just in Berlin, but everywhere where young entrepreneurs help make our world a better place.

In recent years, one of the consequences of the dot.com bubble is that investors have been making increased demands of the companies they are interested in purchasing – something that is still too often underestimated. Potential buyers expect reasonable prices as well as promising investment cases, high-quality managment and, above all, reliable figures.To meet these increased expectations it is crucial to analyze the preparedness of a company from every angle.

Start-ups are the future of our economy. They drive innovation, thereby realizing new ideas and concepts. In this way, they contribute significantly to the added value and further development of Switzerland as a center of research and industry. My role as a key contact for start-ups in Switzerland therefore fills me with enthusiasm, as does providing interdisciplinary and comprehensive consulting services to young entrepreneurs. My goal is to understand the questions and problems faced by these start-ups and to develop concrete solutions in collaboration with my colleagues from the right fields of expertise.

Accompanying start-ups on their growth path and observing the pace at which they develop is both exciting and challenging. The synergies that are needed to come out on top in a competitive situation with rival companies are crucial to the success of any start-up. For me, acting as an interface between start-ups and established companies means finding solutions to specific issues that arise throughout the startups’ entire growth cycle. Conversely, this requires an understanding of these established companies in order to drive innovative capacities.

FSO Transaction Advisory Services is a trusted provider of support to start-ups, VCs, private equity companies, banks, asset managers and insurers. We cover the entire life cycle of a start-up – from developing a business idea to seed funding through to exits or IPOs. We connect start-ups with investors and strategists. Thanks to our comprehensive experience in developing innovative business models we can provide young companies with advice and support on important matters such as legal frameworks, company valuation, funding, finance and classic due diligence. All are crucial ingredients for every successful go-to-market.

As a tax adviser, I’ve been concerned with the fiscal and legal issues of German and international companies from a broad spectrum of industries for more than 12 years now. How do taxation law and start-ups go together? It’s simple: anyone who founds a company has to consider legal and tax matters. Ideally, tax optimization and risk management arrangements should be put on the right track at the very beginning, i.e. in the start-up phase. That is why I provide young entrepreneurs with insights into tax-optimized company structures – without getting them bogged down in technical jargon. I find it very exciting to help start-ups develop their ideas; I see myself as a supporter and mentor, whether at pitching events, workshops or university initiatives.

Start-ups are an important driver of innovation in our region’s economy. SAP, which was once a start-up too, is a good example for the possible impact of start-ups on the development of a region. The global organization of EY not only supports start-ups in all phases of their lifecycles but also by providing them with our global accelerator “EY Startup Challenge“, which is an excellent platform for growth, giving access to our global network of clients. The industry region we live in is of high importance for Germany and Europe, and by fostering start-ups we help drive change towards a knowledge-based society.

Start-ups are an important driver of innovation and growth in our region’s economy. We do support start-ups and their needs in the entire lifecycle with our local and global resources. It is an exciting and enriching challenge to help to create and develop a young company and I am proud to be responsible for this task as the regional start-up leader for Frankfurt and the entire Rhein-Main Area.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

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